I got stopped out twice before it finally clicked—this market really plays dirty.
First, $STRK is up 57%, with $97 million in trading volume. That’s no small-time move. I was thinking of chasing it around 0.08, but seeing that kind of gain made me chicken out. I looked around and didn’t see any real positive news, and there hasn’t been any major news from the Starknet mainnet either. Most likely, it’s a whale pumping the price. Funding rates on Binance futures have already started climbing, so anyone chasing in the short term could get stuck at the top. Still, the volume is undeniably huge. If it pulls back and holds above 0.10, it might have some momentum left.
Then there’s $NFP, the one that plunged 65%. At 0.00181, a drop like that means something has definitely gone wrong with the fundamentals. That kind of move isn’t a normal correction—it’s either the project team dumping or a cascade of liquidations like the one on Curve. I mentioned $NFP in a small group chat before, and someone asked if it was worth buying the dip. I said not to catch a falling knife, and it looks like I was right. A coin like this has no meaningful support levels. You think it’s hit bottom, but there’s always another basement below.
BTC is now holding steady at 82,900. Funding rates are negative, so shorts are still paying longs, but BTC’s volatility has already narrowed. It’ll probably have to pick a direction soon.
What do you think—was this move in $STRK just a pure pump, or was there an actual catalyst? Could it turn into another WIF-style meme coin pump-and-dump?
#Write2Earn #Crypto
⚠️ These are my personal views and not investment advice.
First, $STRK is up 57%, with $97 million in trading volume. That’s no small-time move. I was thinking of chasing it around 0.08, but seeing that kind of gain made me chicken out. I looked around and didn’t see any real positive news, and there hasn’t been any major news from the Starknet mainnet either. Most likely, it’s a whale pumping the price. Funding rates on Binance futures have already started climbing, so anyone chasing in the short term could get stuck at the top. Still, the volume is undeniably huge. If it pulls back and holds above 0.10, it might have some momentum left.
Then there’s $NFP, the one that plunged 65%. At 0.00181, a drop like that means something has definitely gone wrong with the fundamentals. That kind of move isn’t a normal correction—it’s either the project team dumping or a cascade of liquidations like the one on Curve. I mentioned $NFP in a small group chat before, and someone asked if it was worth buying the dip. I said not to catch a falling knife, and it looks like I was right. A coin like this has no meaningful support levels. You think it’s hit bottom, but there’s always another basement below.
BTC is now holding steady at 82,900. Funding rates are negative, so shorts are still paying longs, but BTC’s volatility has already narrowed. It’ll probably have to pick a direction soon.
What do you think—was this move in $STRK just a pure pump, or was there an actual catalyst? Could it turn into another WIF-style meme coin pump-and-dump?
#Write2Earn #Crypto
⚠️ These are my personal views and not investment advice.